Novell Bids $205M For PlateSpin in Virtualization Push

"Though virtualization deals with 'virtual' bits, the business of virtualization is certainly real for Novell. Today Novell announced it will acquire PlateSpin, a maker of data center virtualization management products, for $205 million in cash.

"Novell expects the deal to close by the end of its second fiscal quarter, which is April 30. The deal adds what Novell considers to be a missing piece to its data center virtualization management offerings..."

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